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Demographics
Population
Median Income
Racial Distributions
Zip code 95129 in San Jose, California, is classified as a "Racial Majority" area with an Asian majority as of 2022. The community has a high median income of $159,160 and a population of 38,458. This affluent, predominantly Asian neighborhood has experienced significant demographic and economic changes over the past decade.
The area has consistently maintained its status as an "Asian Majority" community from 2013 to 2022. The Asian population increased from 60% in 2013 to 66% in 2022, solidifying its majority status. Concurrently, the white population has steadily decreased from 28% in 2013 to 21% in 2022, indicating a trend towards increased Asian representation. Despite the Asian majority, the area maintains elements of "Moderate Diversity" with significant representation from White and Hispanic populations. The percentage of individuals identifying as two or more races has doubled from 2% to 4% over the decade, suggesting a gradual shift towards a more mixed population.
The median income has shown a substantial increase from $133,251 in 2013 to $159,160 in 2022, representing a 19.4% growth over the decade. The median income peaked at $167,952 in 2021 before slightly declining in 2022, possibly indicating economic adjustments or market fluctuations. Despite minor fluctuations, the overall population has remained relatively stable, increasing slightly from 38,879 in 2013 to 38,458 in 2022.
The increasing Asian majority correlates with rising median incomes, suggesting a possible link between the growing Asian population and economic prosperity in the area. As the white population decreased, median incomes continued to rise, indicating that the demographic shift has not negatively impacted the area's overall economic status. The relative stability in population numbers, coupled with significant income growth, suggests that the area has become increasingly desirable and expensive, potentially limiting rapid population growth due to high housing costs.
The growing Asian majority is consistent with trends in Silicon Valley, where Asian communities have become increasingly prominent in tech-focused neighborhoods. The high and rising median income reflects the broader trend of wealth concentration in tech hubs, often outpacing national averages significantly. The slight decline in population despite rising incomes could indicate housing affordability issues, a common challenge in many California urban areas.
Zip code 95129 in San Jose represents a stable, affluent, and predominantly Asian community that has seen consistent economic growth over the past decade. While maintaining its "Asian Majority" status, the area shows signs of evolving diversity, particularly with the growth in multiracial identification. These demographic shifts, coupled with substantial income growth, indicate a thriving, desirable neighborhood that likely benefits from its proximity to Silicon Valley's tech industry.